Issuance is rising in the European bond market

The growing amount of mergers and acquisitions activity in Europe has led to a stark increase in the number of corporate issuance this year. Since the start of January, until the middle of August, just under $100m of corporates were issued. This is more than double the amount which were issued in 1998 In light of the increased market cap of the European corporate bond sector and the low interest rate environment in the UK a number of fund management groups have started investing in the sector as a source of income. Already this year Framlington, Norwich Union and INVESCO have launched fund...